0001193125-12-449087 Sample Contracts

CONSULTING AGREEMENT
Consulting Agreement • November 2nd, 2012 • Saul Centers Inc • Real estate investment trusts • Maryland

This Consulting Agreement (“Agreement”) is entered into as of September 4, 2012, by and among Saul Centers, Inc., (“Saul Centers” and collectively with its subsidiary entities, the “Employer Group”), and B. Francis Saul III (“Saul III”).

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